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I'd bet good money that they make most of their money selling subscriptions to their stock tips platform rather than actually trading.
by axiom 17y ago
I'd bet good money that they make most of their money selling subscriptions to their stock tips platform rather than actually trading.
- rdtsc 17y agoBingo! The way to be a successful day trader is to: 1) Make other believe you are a succesfull trader (just use lots of technical mumbo jumpo and a trading platform with a black background with lot and lots of bright colored graphs, lines and abbreviations that nobody, including you understands) 2) Sell subscription for others to "virtually" look over you shoulder. 3) Profit Maybe I should sell subscription for others to "virtually" look over my shoulder while I program. I use emacs with a dark colored background and bright text, so there'll be plenty colorful "technical" looking crap to look at. Besides, I talk out loud to myself, so subscribers get to listen my grunts, exclamations of excitement and swearing ($10/hour more for audio streaming?) Or maybe not, they'll just make fun of my segfaults and how untidy my APIs are...
- mattmaroon 17y agoMore than 100% would be my guess.